Charrette Venture Group invests in Scott Architecture and plans for growth
DES MOINES, IA and DAYTON, OH – Likely the only investment firm in the United States focused on the design space, Charrette Venture Group (CVG), announced its entry in the Ohio area today. “We have agreed to a five-year investment deal with Scott Architecture in Dayton, Ohio,” said President and CEO, Todd L. Reding. “This deal is our first in this state, and in the Midwest,” he said. Charrette Venture Group, founded by software entrepreneur and licensed architect, Matt Ostanik, has previously announced investments in architecture and design firms in New York, New Hampshire and Oregon. “Within our first two years of operations, we have assembled a large pool of architecture firms that represent excellent opportunities for investments, and growth,” said Reding. “It is our vision to select talented design firms and invest resources to grow them into the dominant player in their markets,” he said.

Founded in 2008, Scott Architecture has designed some of the most luxurious, custom homes in the Dayton, Columbus and Cincinnati area. “I wanted to create a firm that serves as a guide for our clients,” says Sheri Scott, President and Founder. “I have built a strong customer base and portfolio, and I’m growing my business,” she says. “My partnership with Charrette Venture Group will help me do this faster, and with more talent dedicated to my mission,” she says.

Examples of the firm’s work includes a 12,000 square foot custom home in Bellbrook, Ohio, and the elegant Fox Ridge Residence in Beavercreek. “Sheri’s work exemplifies the critical role of the architect in a custom home project,” says Reding. “We feel the importance of a licensed architect is becoming more recognized by the general public, and firms like Scott Architecture are in greater demand. This represents enormous opportunities for our firm, and for the field of design and architecture as a whole.”

Charrette Venture Group is a global venture firm focused on professional designers of the built environment. The group seeks to positively impact the way new and growing design firms operate throughout the world. For more information, contact Todd L. Reding at todd@charrettevg.com.